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Search Results 0 to 28 of about 29 (some duplicates have been removed)
now owe more per person than they do in greece. by some measurements, we're worse off than greece now. this deal will do nothing to help reduce the deficit. >> senator paul, happy new year to you, to everyone out there. thanks very much for joining us. >> thank you, wolf. >> please pass along my best regards to your dad as well. >>> we have more details emerging on the secretary of state hillary clinton's condition. we'll speak with dr. gupta on the blood clot that has just been discovered between her skull and her brain. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. >>> we're following the breaking news about the secretary of state hillary clinton. diagnosed as having a blood
anymore, obama's health care tax. the only thing you left out of that wrap is just like greece. >> the first time an attorney general to be held in contempt. >> and the vote that the house republicans want is a political vote. >> they played a bad hand, right now it's going to be a witch hunt. if you get more then it becomes intervention. >> the water has just now breached over the sand dunes. >> hurricane sandy a superstorm meteorologists are calling a once in a lifetime occurrence. the whole coast is devastated. >> the number of ambulances to move these children is remarkable. >> and lost homes in many forms-- ♪ ♪ >> andrew breitbart died this morning, he was 43. he was a publisher, an activist and a commentator, but that says almost nothing about this force of nature. he was a big kid who treated his opponents like humans. it was never about people, it was always, always about principles. . >> the u.s. has just evacuated all personnel from benghazi to tripoli. >> this was something that was a concerted effort, well organizationed, heavily armed. >> you have the america
and greece. it is not a pretty scenario. >> tell me this what happens when we judge up against it? >> everybody starts wondering when we are going to raise the debt ceiling. there's a debate because they don't like to. then you have all of wall street looking at this wondering if we will be able to pay our bills. you remember what happened last time around the market sold off 2,000 points over the 2 month period. it was dramatic and hurt people's 401 k's. if you can't pay your bills you get a downgrade. >> again. >> it's not going to be good news. you know what happens you can't borrow as much money. >> that's what happens to me. >> it costs you more to borrow. all of us coming together it will be -- it could be we would be watching none of this would come to a surprise fell off the market every single day. they know what's happening. they know what's going on. it's not a surprise but nobody likes to see it. >> when they raise the debt ceiling is that to pay off debt already accrued. >> the money is already out the door. that has been spent. that is money we spend on other things.
it with greece and the fiscal compact and the uk v vetoing the agreements. you can put it back together again. but there's an enormous amount of damage, a lack of credibility and a feeling of lack of investor confidence that's taken place during that process. and to your very point, let's look at this for a second. we have the fiscal cliff. you then have the debt ceiling. don't forget the debt ceiling. then you go back to the middle of 2013. by the time you get to it, you're back to a budget impass once again. so you're right, it's perpetual cliffs and falls and slowdowns. >> that just is not very heartening, my friend. so why is the u.s. stock market having one of the best years, one of the ten best years ever? >> that's an easy one. firstly, very low. 2008, look at the graph. and it's gone like that all the way down and it's come back up again and equities remain cheap. bonds weren't doing that much. it was a perfect opportunity to take advantage of certain special situations. but don't be fooled. there's an element of scotch missed about this. the first whiff of really nasty problems, you'
it a recession with 25 percent unemployment in spain, greece. things are getting worse everywhere. the austerity measures, what austerity measures? i got one. make a story. i'll make a bad bet. i don't want to take my losses. of take the money from you, mr. citizen. of tax you more, cat your services. what you do did you will pay more for my note that your pension and benefits. tom: how does all this in? we wind up with pitchforks? >> it's happening now. they don't call it class warfare. that is what is going on over there. again, there is no air spring. there's nothing about a pro-democracy movement. far too few had much too much and way too many head was too little. the people in the street that one piece of the pipe command it's going on around the world. and for some reason people are oblivious to it. look in this country, college graduates, the income is declining eight or 10% since the recession. you can't find a job. 3 percent of them have jobs paying high-school wages. so you're right. it's not getting better, and again, we have the incompetence in washington making things worse. tom: bu
becoming greece, no real reduction in our deficit or our debt. the good news, senator mccain, is that we're one big deal away from dominating the 21st century because america's problems are really less than most other places. the bad news is that that deal is elusive, it requires presidential leadership, and i haven't seen much of it, and if we say on the course we're on today, we're going to lose the american dream because your grandchildren and your children cannot pay off the debt you're about to pass on to them. so in about two months, round two begins and we will be asked to raise the debt ceiling. trust me, i don't want to default on our obligations, but in august of 2011, we borrowed $2.1 trillion because we ran out of money and 42 cents of every dollar we spend is borrowed money. if you don't keep borrowing, you will have to cut the government by 42%. nobody suggests that that's a good idea overnight. but here's what i won't do. i won't continue borrowing money unless we address in the process what got us into debt to begin with. so when we have to raise the debt ceiling again, i
been doing is going to lead us to being just like greece. we will not be able to take care of the poor and needy or senior citizens. we've got to stop spending. host: this is from the congressional budget office -- social security, medicare, and medicaid are 41% of the federal budget. defense spending is 20% area do you cut? >> we have to cut across the whole circle. it is not the so-called congress' spending. it is everything in that pie plate. need to fix social security and medicare because they are going broke. democratic colleagues are totally in denial. they think they have a policy regarding social security and medicare. they say denied it is a problem and they deny -- and a delay fixing it and third, they will destroy the programs because they are denying and delighting and they are demonizing those of us who want to try to fix it. we need to fix it so that social security and medicare are available for those people needed. we've got to put in place policies that will do so. the democrats have been totally against are doing so. host: are you worried that the republicans are jus
this year were things that didn't happen. no greece exit, no china hard landing and no u.s. slipping into a recession. therefore, the market has been able to lift. >> the last thing that may not happen is the fiscal cliff resolution, too. that could throw an iron in the fire. we've all got to be mindful of the possible debt downgrade. moody's and fitch are still at aaa and they have been rumbling they might take us down, and i think if s&p goes down a notch, mandy, that's not good for the market. >> the fact that these predictions did not come true i guess show that making predictions -- >> it shows the value of strategists. >> okay. >> it shows the value of vat jists. >> what are you predicting for 2013? >> i think you have to watch things in europe. the big day is the september 11th elections in germany and germany could be harder after the election. in the first half is the sent ceiling discussion and finally profits, personal income and production, if those can do better than the markets can lift but right now the view is for a nothing market from here till year end. once the sea
& poor's upgraded greeces bond rating, europe found a way to muddle through. and the world didn't end on december 21st. >> woodruff: compactedly. which was a lot of people were take very seriously. >> but the mayans maybe not terrific forecasters. >> woodruff: looking back at 2012, michael kberb beschloss, richard norton smith, thank you both. >> thank you. >> thank you. >> and again the major developments of this day, >> suarez: again, the major developments of the day, bargaining on a fiscal cliff deal continued, but house republican leaders opted not to vote on anything tonight. that meant the government will >> the house adjourned for tomorrow so the government is guaranteed to go over the fiscal cliff, at least for the moment. and doctors at a new york hospital announced secretary of state hillary clinton has a blood clot between the school and brain. but they said she's making excellent progress. we're capturing new year's eve celebrations around the world and you can be a part of kwame holman has the details. >> holman: we're tracking instagram with the hashtag "nye" to see how
the country from becoming greece, saving social security and medicare. >> so, what senator graham is essentially outlining is that this is sort of a bargaining chip that the republican party does have. the debt limit today, we reach it, but we can get about another two months before we truly go over. do you agree with that sort of strategy that the debt limit be used as a way to kind of leverage more on the spending side out of the white house and democrats in congress? >> personally, no. i happen to think that when your credit card comes due, you pay the bill, but i can understand the frustration of people like lindsey graham, who's an extremely responsible and very, very good senator, in my opinion, because he wants to get something done. and what we're seeing here is very little action on the spending side of the ledger. let's say that leader mcconnell and vice president biden reach an agreement today, which i certainly hope they will, but that agreement clearly is just going to be on the revenue side. the majority's going to be on the revenue side, and the problem is on the sp
broke. we'll go the way of greece, and the president hasn't moved off that. he's still playing politics with these issues, and frankly i think most of us now don't care who gets the blame. we're concerned about our economy and about our paychecks. >> richard, senate minority leader mitch mcconnell took to the senate floor this afternoon and said despite the setback all is not loss. >> there's no situation that remains an impossible sticking point. the sticking point appears to be a willingness and interest or frankly the courage to close the deal. i want everyone to know i'm willing to get this done. but i need a dance partner. >> you know, so richard, here we are talking about this blame game, and everybody is pointing their fingers at one another as we've been hearing all afternoon. what do you think that republicans are looking for here? >> i heard the same "meet the press" interview that terry did. i didn't hear the president casting blame. what i heard was the president talking the ways in which he's gone more than halfway to the republicans' position on taxes, on spending. i think
with stories of joy, sadness, greece, elation, and astonishment. >> let us take a look back at some of the top stores from 2012. >> (cheers and applause) thank you so much. >> we want to be free. >> ♪ an italian cruise ship capsize. >> nearly 23% and unemployment. >> viral socially is sites. >> my name is sandra flux. >> the largest ipo in tech history. >> want article has the entire country talking. >> the president says he now believes that same-sex marriage should be legal. >> we now know the name of a suspect slain in the movie theater shooting. >> police now tells the in in people have been shot in front of the empire state building. >> basalt. >> that's all. >> jerry sandusky was sentenced to a minimum of 30 years in prison. >> to paternal is gone. >> (cheers and applause) the british people are going gaga . >> someone's old photographs of prince harry naked during a strip on billiards game. but the wrong? why now? >> flooding shut up? >>--what do you mean shut up? >> christopher stevens and three other embassy staff are dead. >> all the effects of hurricane sandy. >> said he has carve
way was didn't happen, at the end of the year standard & poor's upgraded greeces bond rating europe found a way to muddle through. and the world didn't end on december 21st. >> woodruff: compactedly. which was a lot of people were take very seriously. >> but the mayans maybe not terrific forecasters. >> woodruff: looking back at 2012, michael kberb beschloss richard norton smith, thank you both. >> thank you. >> thank you. >> and again the major developments of this day >> suarez: again, the major developments of the day, bargaining on a fiscal cliff deal continued, but house republican leaders opted not to vote on anything tonight. that meant the government will >> the house adjourned for tomorrow so the government is guaranteed to go over the fiscal cliff, at least for the moment. and doctors at a new york hospital announced secretary of state hillary clinton has a blood clot between the school and brain. but they said she's making excellent progress. we're capturing new year's eve celebrations around the world and you can be a part of kwame holman has the details. >> holman: we'r
very little in terms of not becoming greece. it's a victory for the president and i hope we have the courage of our convictions to fight for what we believe as republicans. >> peter, what the senator is saying is this doesn't really solve the problem of the debt we're building up. >> no, it doesn't. we have all heard taxing high income individuals more would only raise 5% of the deficit. another statistics that will break your eyes. if we raised everybody's income tax by 50%, we'd likely only cut the deficit in half. that should explain to everyone why it is imperative we finally do something about rapidly escalating entitlement cost but the president refuses to come to the table. nothing is fixed in my mind more than speaker boehner saying i've offered you 800 billion in additional revenue. what do i get in return? and the president said nothing. you also counted he won the election. i have got news, whether he won the election or not,let stats about the budget are neutral and nonpartisan and mr. boehner's republicans won an election too. he was elected president, not prime mini
of the gunman had just returned, short trip along to a luxury resort in new hampshire. france and greece the years she felt comfortable about leaving her son adam at home unsupervised. >> democrats say that the gop plan will not make it past the senate. beyond that the president has already said he will veto it if it gets to his desk. the back- and-forth continues in congress and hopefully by january 3rd they will get the deal done. we will be back in just a moment. >> the tool yet to yield the camera of america's most popular car fare poorly in a new front crash test by at the insurance institute for highway safety. in the test the camera is a front wheel ended at bending the passenger compartment foot well in word. the steering was pushed off so far the air bags did not deploy. the toyota pre as the hybrid wagon didn't perform any better. it also earned a poor rating. honda's accord sedan and this is to keep his eye she receives the institute's stock rating of good and the crash test. general motors is recalling nearly 119,000 pickup trucks in the u.s. because of that can fly open unex
accomplished very little of not becoming greece. this won't affect the debt situation. it will be a political victory for the president and i hope we'll have the courage of our convictions when it comes time to raise the debt ceiling to fight for what we believe in. but hats off to the president. >> we have been talking to the republicans since the election has been over. they have had trouble to say yes to a number of repeated offers. >> so what kind of deal if any can we expect before the clock runs out? joining us for a fair balanced debate, tony is here, national political correspondent for talk radio news service and fox news contributor, jehmu greene former president of the women's media center. i wanted to start with senator graham's soundbite. if taxes are increased to top earners, i'll start with you. does it highlight the crux of the matter the fighting is about party politics and not the people? how do you see it? >> certainly the president is not walking around in a flight suited saying mission accomplished. this is not about a political victory for president obama but it's about
've accomplished very little in terms of not becoming greece or getting out of debt. this deal won't affect the debt situation heather: welcome back. investigators are examining the black boxes in the deadly plane crash in russia. amateur video capturing it on tape. now we're learning at least five people died and three others were badly hurt. the plane took off from an airport near moskow. it landed on a highway before breaking pieces and catching on fire. gregg: new videotape shoug house majority leader eric cantor arriving at capitol hill. he really didn't say much of anything. he was asked what's going on, is there a deal? he basically said, happy new year, happy new year, happy new year three times. and the senate is not convening until about 11:00 a.m.. it may not be officially reconvening but just meeting. that was the time that harry reid said it would happen. tony sayegh, former press aide to gop vice-presidential nominee jack kemp and national political correspondent for talk radio news service. kirsten powers, columnist for "the daily beast" and fox news contributor. questions te
in europe, greece was the problem child that spent too much, saved nothing and threatened to take down the euro. new leadership, pay cuts, higher taxes as their weary government begs for more cash. committing to save the euro. it lives on, but for how long? >> the deadliest month to date as the assad regime intensified its air power. >> how much longer can this man hold on to power? bashar al assad was under even more intense pressure to step down but his regime stepped up the fire power against the opposition, civilians caught in the crossfire, more than 40,000 people have died so far. >> reporter: this is yet another bread line. >> the opposition fights on, making more dramatic gains than ever and gaining pledges of support from the international community. number one, she fought back from the brink of death after being attacked on a school bus. the taliban shot malala yousafzai. she survived, wake up in a british hospital and, according to her father, immediately asked for her school books. the world was gripped, moved and inspired by the story of one determined young girl facing do
to our problems so we don't end up in the situation europe is, or greece with riots, or france with a top 75% tax rate that's driving people offshore. >> the problem may be that paul ryan coming through with solid plans on the deficit issue, and ultimately didn't win the white house. is it possible to have the conversation with america get voted in, and then take action? >> personally, i think the ryan plan was an abomination, because it was so vague, that you can't tell whether it was a real plan or not. >> it was not vague. it was written down in the house budget. >> it is absolutely unspecified across all kinds of loophole closings and other things, which makes it filed under category of fiction for anybody that's ever worked in the united states senate. >> specifically it's written specifically in the path to prosperity. it was passed by the house. you can look at path to prosperity in google. you see many of the details. at least the house passed a budget, which the senate has not done for the past three years. the house has laid out solutions. also, laid out changes to the sequester
economies in the global economy. she was less bullish on the idea that greece or spain or anybody else in trouble might effect the u.s. economy. she said, you know, the problem with the u.s. is internal, and it becomes a world problem. >> what do you think about the supreme court, they're now going to consider california's proposition 8, consider same sex marriage in the united states. >> i think it raises obviously to the highest court in the land a question that has bounced around the states with different verdicts. you have had a lot of states had constitutional amendments banning same sex marriage, california said yes, then has said no. you had for the first time the past election a couple states pass it in a statewide referendum, when previously when it was on the ballot it had gone down. this is a question that has had different answers in some states, and some states different answers different times within the same state. the supreme court providing a road map is helpful, if you want a 50 state solution. the question is is that what the constitution calls for. >> and will they
becoming greece and finally stop getting out of debt. i hope republicans will fight as hard on the debt ceiling as barack obama did on tax rate. uma: you call everything going on in washington right now dysfunctional. the american people are kwaeutinwaiting to see what is going to happen here. many people are frustrated and upset that once again we are at the 11th hour trying to get a deal done at a time when there was a lot of time before this to work something out. >> because the senate doesn't function any more. the house has passed three or four bills to avoid sequestration, to save the military from these cuts, to deal with the fiscal cliff. if you don't like the house's product bring it on the floor of the senate and let's change it. let's start being legislators instead of just a place where ideas go and die in the united states senate, it's embarrassing to me being the most deliberative body in the world and not be able to have a debate about how the fiscal cliff drama should end. we should have had the house bill on the floor months ago. harry reid blocks everything coming from
rate increases on upper income americans. we have accomplished very little about becoming greece or getting out of debt. it is a political victory of the president. i hope we have courage when it comes to the debt ceiling. to fight as what we want as republicans. >> there was a lot of celebration but not anything to do with a deal being made. when house peeker john bone bone came in. republicans gave him a standing ovation . but there is no decision made. >> to chris wallace's name those who talk don't know . those who know don't talk. >> dave: some talk. republicans have made a significant compromise from what i can tell you. republicans have offered $400,000 thres hold for individuals and $550,000 for couples. that is a significant compromise for the republican ideology that did not want to raise taxes on the wealthy. it looks like they are come a long way and there is a $100,00000 . the estate tax and unemployment benefits. and there is all sorts of sequestitration and how they will accomplish thamp harry reid said there is significant distance with the parties. >> here's harr
in the likes of portugal, ireland, some even to some degree in spain and greece. and that wouldn't have happened without the pressure in the markets. >> obviously. jim, we want to thank you very much for calling in on this new year's eve and wish you a happy 2013 to you, as well. >> happy new year's to you guys. good luck to you. >> things. >>> coming up, we're going to calm to some politicians and congress people. we have shelly moore-capito and congressman greg meeks of new york will join us on the show to talk about the biggest sticking points. at the top of the hour, vice chairman and republican policy committee chairman tom price will be our special guest. "squawk box" coming right back. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. impact wool exports from new zealand, textile production in spain, and the use of medical
slide to make us like greece, no longer a viable economic power. >> that was from the program " state of the union, close with this morning. a number of members of the house are point to try to make their way back for votes this evening at 6:30. the house taking up some 13 bills. here is how david hocking's of "congressional quarterly" termed this house session -- " >> nothing on the fiscal cliff, however. we will keep you posted on that. the senate gaveling out shortly for that caucus meeting in particular. taking a look at your twitter messages,-tag is fiscal cliff. -- the hash tag is fiscal cliff. >> also, this twitter message from about 30 minutes ago -- >> helen is in northport. you are on the air. caller: good afternoon. i am glad i lived in a country that allows me to make this phone call and speak my mind. i adhered to the u.s. constitution. rep. ron paul was giving his retirement speech and to his credit, to his credit -- to me makes a lot of sense. i believe him when he says our liberties are being weakened. i am so sorry that they tried to discredit him. he makes a lot of s
of not becoming greece or getting out of debt. this won't affect the debt situation. >> sort of hats off, wink, wink. >> the president told "meet the press" they hope to get a deal condon in the next 48 hours. >>> police say a guy broke into a woman's home and drove her to the bank of america branch where she worked. she triggered an alarm but the suspect escaped before police arrived. it took the bomb squad three hours to remove the device from her neck. she did escape unharmed luckily. >> a best friend becomes a hero after rescuing a boy who fell through the ice in iowa. they were walking on a lake when the ice gave way, sending 11-year-old ashton eckenrod into the water. >> i thought i was going to die from it. and just not see my family any more. he didn't say anything. he was just leak freaking out. i didn't know what to do so he just grabbed my hand. >> his 10-year-old friend managed to slide across the ice and pull him back out. they are both doing just fine. >>> and think you are neurotic? that could be a good thing, you guys. >> thank good glance and you came down the hall and wouldn'
Search Results 0 to 28 of about 29 (some duplicates have been removed)

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